Vietnam's state-owned Shipbuilding Industry Corp (SBIC) is selling its entire stake of 7.53% in the domestic PetroVietnam Marine Shipyard (PV Shipyard).
The former Vinashin wants to reorder its capital and non-core investments.
It has held PV stock for nearly 10 years, state media reported.
The Hanoi Stock Exchange (HNX) is auctioning the 4.47m shares on 21 October.
The starting price of VND 10,000 ($0.44)
